How a brand new market can be overwhelming
Cryptocurrencies are still a new phenomenon despite its creation being 9 years ago. This is not just something anyone can figure out how to do themselves, especially because of its technical difficulties and that is a problem. In the latest year, Bitcoin and the rest of the crypto world have gotten a ton of media attention, which has sparked a lot of interest among the masses. Many people want to get involved because of the features they bring, which could disrupt many industries completely. But there is also a lot of people who want to invest because they see it as a good investment opportunity. Unfortunately, there is a huge misconception regarding crypto investing, many people think it is extremely difficult and expensive. But the reality is, with applications like Coinseed, you don’t need experience, knowledge or a huge chunk of cash. Coinseed aims to make crypto investing so easy that you don’t even have to do anything when you have set up the app. The Coinseed app gives users the ability to automatically invest the change of your everyday purchases in the crypto market. If you, for example, buy a sandwich for $7.65 and have set the app to round up to the nearest dollar, you would automatically invest $0.35 in the crypto market when you purchase that sandwich. It might not seem like a lot initially, but just think about how many things you purchase all the time, those numbers quickly add up and you might find yourself with a lot of crypto.
The features of Coinseed & the business model behind it
Coinseed is built with the intention of being accessible and useful for everyone, even those who have very limited technological knowledge. But as any great app, Coinseed also has other features which suit those who have a bit more experience in the field. When you set up the automatic investing solution, you can choose whether you want to just invest in a single cryptocurrency like Bitcoin or Ethereum, or if you want to invest your money into a portfolio consisting of multiple cryptocurrencies. You can even create your very own or view the best performing crypto portfolios on the platform and copy them so you as well can benefit from a great portfolio created by another user.
When you have been using the Coinseed app for some time, you might find yourself ready to get even further involved in the crypto markets. In this case, you can actually invest bigger amounts through the Coinseed app than the change you invest daily. You can even set up recurring investment plans that fit exactly your investment needs.
It is very important for any project and their token holders that the project itself is profitable so they can keep carrying on their services and even improving them. So how does Coinseed make money? Every investment comes with a 1% fee which is paid to the platform, if you didn’t know, those fees is much lower than popular exchanges like Coinbase. In reality, it’s actually not just 1% going to Coinseed itself, half of the fees collected is going to be distributed among CSD holders proportional to the amount of CSD they have of the total supply. CSD tokens are their own ERC20 token, which with the system set in place, has a natural demand in relation to the popularity of Coinseed, as the amount of revenue each CSD generates, is dependent on the popularity of Coinseed.
To fund their project, Coinseed is raising funds through an initial coin offering (ICO), selling their ERC20 token CSD. CSD tokens are an important aspect of the Coinseed ecosystem as described above.
The token sale started the 20th of March
The token sale ends the 20th of April
460 CSD = 1 ETH
Bonuses apply to different phases, see the current bonus here: https://www.ico.coinseed.co/
- Total amount of tokens minted is 10,000,000 CSD
- A maximum of 5,000,000 CSD will be for sale during the ICO
To learn more about the team and their advisors, visit the official website at: https://www.ico.coinseed.co/ or read their whitepaper here: https://s3-us-west-2.amazonaws.com/coinseed/ico/Coinseed-Whitepaper.pdf
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1855321;sa=summary
useacoin.com is not a financial advisor and does not provide legal or financial advice. Always do your own research and invest responsibly.